MicroStrategy (NASDAQ:MSTR) Stock Price Down 0% - Time to Sell?

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report)'s share price traded down 0% on Thursday . The company traded as low as $253.76 and last traded at $262.49. 5,359,693 shares changed hands during trading, a decline of 71% from the average session volume of 18,652,767 shares. The stock had previously closed at $262.55.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. BTIG Research increased their price target on MicroStrategy from $290.00 to $570.00 and gave the stock a "buy" rating in a research note on Thursday, November 21st. Sanford C. Bernstein reissued an "outperform" rating and set a $600.00 price target on shares of MicroStrategy in a research note on Thursday, December 12th. Mizuho assumed coverage on MicroStrategy in a research note on Wednesday, January 29th. They set an "outperform" rating and a $515.00 price target on the stock. Keefe, Bruyette & Woods started coverage on MicroStrategy in a research note on Friday, February 7th. They set an "outperform" rating and a $560.00 price target on the stock. Finally, Canaccord Genuity Group dropped their price objective on MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a report on Thursday, February 6th. One investment analyst has rated the stock with a sell rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $536.90.

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MicroStrategy Trading Up 13.0 %

The stock has a market capitalization of $76.56 billion, a price-to-earnings ratio of -52.81 and a beta of 3.36. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 0.71. The firm has a fifty day moving average of $321.59 and a 200-day moving average of $281.99.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative net margin of 251.73% and a negative return on equity of 19.01%.

Institutional Trading of MicroStrategy

Several large investors have recently added to or reduced their stakes in MSTR. Principal Financial Group Inc. boosted its position in MicroStrategy by 781.4% in the 3rd quarter. Principal Financial Group Inc. now owns 46,483 shares of the software maker's stock valued at $7,837,000 after buying an additional 41,209 shares during the last quarter. GSA Capital Partners LLP purchased a new position in MicroStrategy in the 3rd quarter valued at about $261,000. Victory Capital Management Inc. boosted its position in MicroStrategy by 894.7% in the 3rd quarter. Victory Capital Management Inc. now owns 57,830 shares of the software maker's stock valued at $9,750,000 after buying an additional 52,016 shares during the last quarter. Empower Advisory Group LLC purchased a new position in MicroStrategy in the 3rd quarter valued at about $231,000. Finally, Oppenheimer & Co. Inc. purchased a new position in MicroStrategy in the 3rd quarter valued at about $238,000. 59.84% of the stock is currently owned by institutional investors and hedge funds.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.